27 days on Market

1348 Richter Street, Kelowna, British Columbia V1Y2L3

Detached
5
2
~2341 sqft
$1,299,900
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Detached
5
2
~2341 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$555/sqft

Est. Mortgage$5,583/mo

Tax Amount ()-

Days On Market27 days


Description

Enjoy the home now and develop later! Calling all investors and developers—this is your chance to secure a highly sought-after UC1 Urban Core zoned property in the heart of downtown Kelowna! Positioned just seconds from Bernard Avenue, this zoning allows for high-density mixed-use development, including commercial, residential, retail—making it an incredible opportunity for future growth. Currently, the property features a charming, recently renovated 4-bedroom, 1-bathroom main home plus a 1-bedroom, 1-bathroom legal suite upstairs, offering immediate rental income potential. The fully fenced and gated yard provides privacy, while the spacious backyard patio is perfect for outdoor enjoyment. Ample parking allows space for multiple vehicles, RVs, or recreational toys. Location is everything! Walk to Kelowna’s best dining, shopping, parks, beaches, and entertainment. Priced way below BC Assessment - $1,487,000. Whether you’re looking for a turnkey investment property with strong rental potential or an exceptional redevelopment site, this is an opportunity you don’t want to miss! (id:39198)


Property Details

StyleHouse, Detached
View-
Age of property1947
SqFt~2341 SqFt
Lot Size-
Parking Spaces4
MLS ®Number10336933
Community NameCentral City
Data SourceCREA
Listing byVantage West Realty Inc.

Features

Heating: Forced air, See remarks
Cooling: Central air conditioning

Main level Floor

Other

7'0'' x 3'0''

Other

5'11'' x 4'10''

Dining room

6'6'' x 13'5''

Laundry room

6'8'' x 13'6''


Features

Municipal sewage system

Parking

Garage spaces 4

Garage type Rear

Other parking spaces 0

Total parking spaces 4


Property History

Mar 5, 2025
ListedActive
$1,299,900
27 days on market
history photo preview47
Listing by crea®
Property listed by Vantage West Realty Inc., Brokerage
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Population and Demographics

Overview

Total population 25871
Average household income $101,308

Age (%)

20 to 34
28%
65 and plus
24%
35 to 49
19%
50 to 64
18%
0 to 19
12%

Household composition (%)

Single person
47%
Single family
43%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
88%
Others
4%
German
2%
French
2%
Tagalog (Pilipino, Filipino)
1%
Spanish
1%

House tenancy (%)

Renters
55%
Owners
45%

Schools and amenities

Estimated Budget

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